I respect that. The only way you will ever shut these killjoy defeatists up is to prove them wrong. If your method works and you have the courage to implement it and are willing to accept the loss (my opinion is that you will lose with that strategy), then find the money, go live, and do it. Until then just remember...Everyone has a plan until they get punched in the face. Good luck!
totally no idea. My trade plan and strategy are very simple. So the less I know, the greater money I earn.
On a SL I'll usually just put a limit at the bid and get out. It is a SL after all, it is not working, time to go. When taking profits I'll usually try for the Middle, the trade is working, momentum is on your side.
Actually some experts here, and quite a few professional mutual/hedge funds use moving averages to trade. Read up on murray turtle's posts on this and his comments on IBD applying moving average for trading. Regards,